Sharp Co. (OTCMKTS:SHCAY) Short Interest Down 25.8% in March

Sharp Co. (OTCMKTS:SHCAY) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 9,500 shares, a decline of 25.8% from the March 15th total of 12,800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is presently 1.7 days.

Sharp Price Performance

OTCMKTS:SHCAY traded up $0.04 during trading hours on Friday, reaching $1.38. 4,837 shares of the company were exchanged, compared to its average volume of 5,024. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 3.15. The firm has a market cap of $3.58 billion, a PE ratio of -3.45 and a beta of 0.71. Sharp has a twelve month low of $1.16 and a twelve month high of $1.74. The stock’s 50-day moving average is $1.50 and its 200-day moving average is $1.50.

Sharp (OTCMKTS:SHCAY) last issued its quarterly earnings results on Friday, February 7th. The company reported ($0.01) earnings per share for the quarter. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. On average, sell-side analysts anticipate that Sharp will post 0.01 earnings per share for the current fiscal year.

Sharp Company Profile

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.